Category: Bossing Your Finances

Stop living in scarcity and take control of your finances.

Tax Yourself

It’s hard to save money. Rising housing cost and expenses take away more than half of your check. Especially if you live alone. But wait…there’s more…

Look at those shoes πŸ‘ πŸ‘ πŸ‘ŸπŸ‘Ÿ And that new Apple watch ⌚

It’s happy hour 🍹

I’m too tired to cook πŸ™

We can charge that trip and pay later (ignoring all the interest charges when you know you can’t pay it off)

Hey, I’m all about living a full life. You can do whatever you want BUT you should do it after you tax yourself. I shoot for a 20% tax on myself that goes towards savings and investments. I know some of you might be saying you can’t do it. That you have kids and bills to pay. But what if the government put a 20% tax on you? It would suck but you would have to pay it. Try to think of it that way (thank you Tony Robbins). You’ll have a cushion for emergencies and your future self willΒ thank you for it. Automate and work with what you have. Or at least, make sure you’re putting something away.

(allocating more into your 401K, HSA and IRA will lower your taxable income. Means – giving less to the IRS. Keep more of your money. Most of us aren’t in the 1% bracket where we get great tax breaks)

I recently realized two things with Amazon. Continue reading “Tax Yourself”

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Buy The Dip

The stock market looks pretty gloomy. When I open up my investment accounts, yes…it hurts. But still, I keep calm and invest on πŸ™‚

I love Netflix, so much πŸ™‚ But I recently just sold the stock. Why? They’ve created some great original content, true. The price they paid? HIGH. In order to make money, you must spend money. Valid, true. But, I have a feeling it has the same fate as Snapchat. A much bigger and more profitable company will outrank you. All of Snaps original features, Facebook took them and made them even better. I personally can’t stand Facebook and I hate that they took over Instagram. Facts are, big fish will always eat the little fish. But who knows, Netflix has room to expand and grow in other countries. They can easily hike up their prices for more cash flow. Or create a great movie and put it in theaters first. It’s just a little too risky for me.

I have a couple of new stocks I’d like to add to my portfolio.

I have my eye on Disney currently. They have been working on becoming your go-to for media streaming. Disney is a BIG FISH. They’ve been around for a long time and have continued to evolve with the times. They are going to move all their movies off Netflix and of course, start adding Disney created content to their platform. Netflix is in the red. Sure they have periods of upside…but Disney overall is a strong company. Continue reading “Buy The Dip”

Geez, 2018 is almost over

We’re already in October. Where did 2018 go?! I’m already getting emails about filing your taxes. Open enrollment is the around the corner.

Hmmm…Venus in retrograde… I feel a massive push to reassess my finances.

  • I wanna make sure I stay completely debt free for the rest of the year (no credit card debt, loans of any kind).
  • Eliminate any unnecessary spending (do you really need cable, Netflix and Hulu?).
  • Check to make sure I’m getting the best pricing for current plans and policies I have now (car insurance, renters insurance, cell phone plan etc.)

Continue reading “Geez, 2018 is almost over”